Icor Brokerage To Demo Its E-trading In July

NEWS

LONDON--Icor Brokerage, the newly-established online derivatives broker, is to begin demonstrating its trading system this July. The broker has also appointed Tom Binks, previously deputy head of global derivatives at Bank of America in London, as head of Icor Europe as it gears up to launch its system later this year.

A prototype of the system will be available in September to the banks which choose to back the system in its initial phase. Foreign exchange options and forwards, interest-rate

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